Before investing in any stock, do your due diligence and research the company thoroughly. Understand its business model, financials, industry trends, and any recent news or developments.

Develop a clear investment strategy that aligns with your financial goals, risk tolerance, and time horizon. Stick to your strategy and avoid impulsive decisions.

Diversify your portfolio by investing in a mix of stocks from different sectors, industries, and regions. This will help spread your risk and reduce the impact of any one stock's poor performance.